11 Edwin Street, Caversham, Dunedin City, Otago
Dunedin, New Zealand
Guide Price
$185,020
319,000 NZD
PROPERTY TYPE
house
BEDROOMS
2
BATHROOMS
1
Description
Situated in popular Caversham, this tidy two bedroom home offers an excellent opportunity for first home buyers and investors looking for a low-maintenance property with scope to add value. The home provides easy-care living and peace of mind. The sunny living area is warmed by a heat pump for year-round comfort, while the practical kitchen and layout offer a functional space that could be enjoyed as is or modernised over time. One bedroom is well sized and the second is a good single, with both featuring built-in wardrobes. There is clear potential here for buyers wanting to refresh and add value to suit their own style. The
location is another real highlight. Positioned at the end of a quiet dead-end street, you are within easy reach of Carisbrook School, local shops, the bakery, and everyday amenities. Investors will also appreciate the strong rental history, making this an attractive addition to any portfolio. Key
features include: Two bedrooms (one double and one single), both with built-in wardrobes Sunny living area with heat pump Functional layout Low maintenance property Great rental history Opportunity to add value Quiet Caversham
location close to Primary Schools, High Schools, bakery, and local
amenities Affordable homes in convenient locations like this are becoming increasingly hard to find. Whether you are stepping onto the property ladder or looking for a smart investment, this property is well worth your inspection. Contact Alana Wells for further information or to arrange a viewing.
Location
Open in Google MapsLiving in Dunedin
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Abby Timms - Otago Realty Group Ltd (Licensed: REAA 2008) - Bayleys
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


